Ningbo PIA Automation Holding Corp. A (688306) — Defensive Interval Ratio
Ningbo PIA Automation Holding Corp. A (688306) has a Defensive Interval Ratio of 53 days as of June 2025. Defensive assets of CN¥388.96 Million (cash CN¥-, short-term investments CN¥20.01 Million, receivables CN¥368.95 Million) cover 53 days of daily cash needs of CN¥7.35 Million/day. See Ningbo PIA Automation Holding Corp. A (688306) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Ningbo PIA Automation Holding Corp. A Defensive Interval Ratio (2019–2024)
This chart shows how Ningbo PIA Automation Holding Corp. A's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 53 days, meaning defensive assets of CN¥388.96 Million can fund 53 days of operations without new revenue. See 688306 equity to assets ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Ningbo PIA Automation Holding Corp. A (2019–2024)
The table below presents the year-by-year Defensive Interval Ratio for Ningbo PIA Automation Holding Corp. A from 2019 to 2024, covering 6 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see 688306 market cap.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 76 days | CN¥527.78 Million | CN¥6.92 Million/day | CN¥- | CN¥25.02 Million | ▼ -6 days |
| 2023 | 82 days | CN¥558.67 Million | CN¥6.82 Million/day | CN¥- | CN¥200.25 Million | ▼ -22 days |
| 2022 | 104 days | CN¥643.45 Million | CN¥6.17 Million/day | CN¥- | CN¥200.78 Million | ▲ +68 days |
| 2021 | 36 days | CN¥200.74 Million | CN¥5.61 Million/day | CN¥- | CN¥- | ▲ +14 days |
| 2020 | 22 days | CN¥118.87 Million | CN¥5.52 Million/day | CN¥- | CN¥- | ▼ -6 days |
| 2019 | 27 days | CN¥155.37 Million | CN¥5.71 Million/day | CN¥- | CN¥- | — |